However I tried to come up with a plan myself as I don't want to be that annoying newbie that asks these horrible open questions as "what should i do".

You have Repairs listed at 20% so if you are essentially saying vacancy and repairs are 10% each that is fine.If you're getting $1,300/mo on a place you're paying $50,000 for that is good......UNLESS it's in a D or F Neighborhood, in which case the cashflow can look great, but in reality be horrible because of constant tenant turnover and unreliable tenant activities. 

As I haven't read anything really horrible about them on BP forums, today I paid my $3497 to start on this RE investment journey. 

@Nathanael Rojas maybe this method works for a company or a person that has a lot of cash to close deals, but it's horrible advice for someone just starting out.If an offer gets accepted you are legally saying that you will make a good faith effort to close on that property.

Does that make this a horrible deal?

Horrible idea, the condition of the property turned out to be a bust, took a total loss! 

The majority fail and inheritances are lost regularly due to horrible decisions. 

It's hell on earth living next door to neighbor's who have this  horrible feature.

The HOA fees for both KP and CV are quite high, add that to property taxes and these really are horrible buys for investors.

I got it listed before rehab and the building was in horrible condition.